Commercial vehicle shares of Tata Motors valued at Rs 261 after demerger. What do analysts say?

The much-awaited demerger of Tata Motors has put the spotlight on its recently demerged commercial vehicle business, valued at around Rs 260.75 per share. This estimate is based on the pre-split closing price of Rs 660.75 and the post-split opening level of Rs 400 for the parent company, now renamed Tata Motors Passenger Vehicles Ltd […]